Jack Dorsey just gave us our first glimpse at how doomsday layoffs could work in the AI era — and it's bleak

White-collar workers, beware. CEO Jack Dorsey is departing from the classic tech layoff playbook — and it could be a sign of what's to come.In a post on X on Thursday, the billionaire said he's slashing nearly half Block's workforce, cutting its over 10,000-person staff to just under 6,000. He said that he is doing this despite the business being strong and profits growing. In tech's hardcore era, many companies have paired down teams through repeated rounds of layoffs. Dorsey's massive chop stands alone, h ...